Executive Underwriter, Primary Casualty

2 weeks ago


Philadelphia Pennsylvania, United States AmTrust Financial Services, Inc. Full time
About the Role

We are seeking an experienced Executive Underwriter to join our Excess Casualty underwriting department. As an Executive Underwriter, you will play a critical role in delivering value to our wholesale brokers by providing underwriting capabilities for higher hazard General Liability and Excess insurance needs.

Key Responsibilities
  • Underwrite and manage a portfolio of hard-to-place liability risks with tougher exposures, adhering to AmTrust E&S guidelines, strategy, and profitability standards.
  • Develop risk pricing by analyzing exposures, claims experience, and utilizing pricing tools and worksheets.
  • Consistently achieve budgeted financial results, including premium, loss ratio, retention, commissions, pricing, new business, premium collection, and expense management.
  • Support the achievement of continued profitability, growth, and/or operational efficiencies for a product line through assessment of competitor product offerings and market appetite.
  • Remain current on legal and regulatory changes, claim development, and emerging exposures/issues to contribute to unit product development and portfolio decisions.
  • Collaborate with Underwriting, Legal, and Claims to drive product development strategies and initiatives supporting business objectives and ensuring product modernity/competitiveness.
Requirements
  • 15+ years industry experience, 10+ years in Excess and Surplus lines with specialized coverage and product knowledge for higher-hazard, complex risks.
  • BA/BS degree strongly preferred, or equivalent in experience.
  • CPCU or other related Insurance Designation(s) preferred.
  • Knowledge of commercial Excess and Surplus lines risk, classification, pricing, and coverage options with adherence to applicable statutory compliance issues and corporate guidelines.
  • Strong analytical skills to interpret business information drawn from multiple sources to take critical account decisions regarding quality of risk.
  • Excellent written and oral communication skills and ability to interact effectively with all levels in the organization.
  • Keen influencing and negotiation skills are essential.
  • Strong computer skills (Excel, Word, SharePoint) with demonstrated high accuracy output.
About AmTrust Financial Services, Inc.

AmTrust Financial Services, Inc. is a leading specialty insurance provider offering a wide range of property and casualty insurance products. We are committed to creating a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected.



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